The price perfectly fulfilled my previous idea. It reached the target zone. 
TONUSDT appears to be forming a consolidation zone between 2.70 and 4.20 on the daily timeframe. The market has bounced off this range twice before and there is a possibilty the price to rebound again. Since the price reached the key support zone, it's likely that the market may continue to move sideways for a while suggesting potential bounce off. Additionally, the formation of an inverse head and shoulders pattern suggests a possible reversal ahead. If TON remains above the 2.75 level, it could potentially make an upward move toward the top of the range zone. My mid-term goal is resistance zone 4.20
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
TONUSDT appears to be forming a consolidation zone between 2.70 and 4.20 on the daily timeframe. The market has bounced off this range twice before and there is a possibilty the price to rebound again. Since the price reached the key support zone, it's likely that the market may continue to move sideways for a while suggesting potential bounce off. Additionally, the formation of an inverse head and shoulders pattern suggests a possible reversal ahead. If TON remains above the 2.75 level, it could potentially make an upward move toward the top of the range zone. My mid-term goal is resistance zone 4.20Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.